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Somerset 02726
274 Kaufman Rd
$435,000
● House - Off Market

274 Kaufman Rd

Somerset, MA 02726
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,339 Ft²
$2,483
Est. Monthly

About This Property

With a bit of updating this ranch will be the perfect place to settle into, and hardwood flooring will be found underneath the wall to wall carpets! As you enter through the Front Door a large Stone Fireplace greets you in the Living Room, setting a cozy scene for cold winter nights. Taking a right from the front door leads to a hallway which provides access to all three Bedrooms, the Bathroom, and the Kitchen. The Kitchen is adjacent to the living room, and includes a dishwasher. Enjoy Summer Afternoons on the back patio area, or in the yard! A spacious unfinished basement has ample space for storage, exercise equipment or a workshop. Short distance to many area amenities, shops and eateries, and easy access to Rt 195, and Rt 24.
Unit Size
1,339 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$321
Property Type
House
Property Taxes
$372
HOA Dues
-
Year Built
1959

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 6 months ago (MLSPIN #73186521)

Price History

Date / Event Date Event Price
Jan 19, 2024 Sold
Premium
Sold
Dec 18, 2023 In contract -
In contract
Dec 11, 2023 Listed by Better Living Real Estate, LLC $429,900
Listed by Better Living Real Estate, LLC

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 3
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,339
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,460
  • Total Building Area: 1,339
  • Gross Building Area: 2,678
  • Building Area: 1,339
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,339
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000309
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Somerset-Berkley School District
  • School Tax School District: SOMERSET SD
  • School Tax District Code 2: SOMERSET BERKLY
  • Census Tract: 644200

Zoning

  • Zoning: R1

Geography

  • Parcel: SOME M:0B6 L:0051
  • Lot: 51
  • Municipality: SOMERSET
  • Latitude: 41.7324
  • Longitude: -71.1666

    Address

  • Full Address: 274 Kaufman Rd
  • Address - House Number: 274
  • Address - Street Name: Kaufman
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Somerset
  • Carrier Code: C063
  • 4-Digit Zip Code: 2650
  • Zip Code: 02726

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $445,800

    Appraisal Valuation

  • Standard Deviation: 0.1949
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 74
  • Final Value: 433,714
  • High Value: 518,247
  • Low Value: 349,182

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $351,600
  • Assessed Land Value: $158,900
  • Assessed Improvements Value: $192,700

    Sales

  • Current Sale Contract Date: Jan 19, 2024
  • Current Sale Recording Date: Jan 19, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 792
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Somerset

Stats & Trends

Median Asking:

$530,000

Sale Price/ft²

$329

Below Asking

0.01%

Average Days on Market

54

Average Home Size

1758 ft²

Average Home Age

66.9 years

Currently For Sale

23 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 73186521

Frequently Asked Questions

When was property at 274 Kaufman Road built and last sold?
The property at 274 Kaufman Road was built in 1959 and last sold on Jan 19, 2024 for $435,000.
How much is this home worth?
The estimated value of the home located at 274 Kaufman Road is $439,458.
What are some comparable homes to 274 Kaufman Road?
There are currently no comparable homes to 274 Kaufman Road.
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